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After Merck & Co.'s announcement that it was pulling its arthritis drug Vioxx, the plaintiffs' personal injury bar went into high gear. The products liability litigation will be huge -- but the most expensive battle will be on the securities side. Three class actions have arrived in New Jersey's federal district -- one on stockholders' behalf and the others on employees' behalf, alleging company stock should not have been offered as an option once management knew of the drug's looming dangers.
October 19, 2004 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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